I used to own shares in 8CO because they looked undervalued as a SaaS business and the short term looked positive
But I sold out because I couldnt really see a realistic long term case.
They seem to be making progress with Australian Government - but that has a limited upside that probably only gets them to around $10-12m
Is there a realistic TAM to get to $100m within Australia?
Or is this just a short term (2-3 year) opportunity ?
Interested in what people think or research that has been done